By Martin Padgett, MBA, FACHE, president and CEO, Clark Memorial Hospital
In Kentuckiana, there are about 30,000 small businesses, and all but about 500 are classified as small businesses. Studies have shown that only about 18% of small business owners have a written business plan, but for those entrepreneurs who have invested the time to…
Over the past decade, Congress has repealed many of the tax incentives designed to encourage exports. The latest casualty was the Extraterritorial Income Exclusion (“ETI”), which was repealed in 2006. However, the Interest Charge Domestic International Sales Corporation (“IC-DISC”) remains a viable…
Across the nation, one out of four employees will quit their jobs this year – and the average company will spend three times their annual salary to replace them. Particularly in small business this “turnover treadmill” can be the difference between a profitable company and one that’s on the…
Since 1935, unions have gained representation rights of employees via a secret ballot vote conducted by the National Labor Relations Board (“NLRB”). Today, such representation elections are held on average about 40 days after the union files its petition. However, potential changes in Washington during…